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Hassett: We do not threaten the independence of the Fed
Mr. Hassett stated that questions about Fed Chair Jerome Powell still have no clear answers, and emphasized that the White House does not threaten the Fed’s independence.
This statement was made as he mentioned the White House is reviewing executive orders related to artificial intelligence and businesses. No additional details have been announced regarding the scope or timing of these orders.
Mr. Hassett’s statement focuses on clarifying the administration’s stance amid speculation surrounding the Fed. It is still unclear which specific issues related to Mr. Powell are being referred to.
Current information does not indicate any immediate policy changes. The White House also did not specify any further details about the orders under review beyond the fields of artificial intelligence and business.
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